GSIDC – Profile

Goa State Infrastructure Development Corporation Limited (GSIDC) is a wholly owned Government Company of the Government of Goa registered under the Companies Act, 1956, with the Registrar of Companies, Panaji-Goa. The Registrar of Companies has allotted Certificate of Incorporation No.U75112GA2001SGC002954 (CIN) dated 20/02/2001. The Government of Goa makes a provision in the State Budget towards Share Capital /contribution for the company to meet its funds requirements. The capital structure of the company is:

1. Authorised Capital : Rs.5,00,00,000.00

2. Subscribed Capital : Rs.3,10,00,660.00

3. Paid up Capital : Rs.3,10,00,060.00

BUSINESS

GSIDC has been floated by the Government of Goa as a Special Purpose Vehicle (SPV) for speedy implementation of all the Infrastructural Projects, envisaged by the Government like Roads, Bridges, Fly-Overs, Bus-Stands, Hospitals, Tourism related Projects, etc., all over the State on the similar lines of similar Corporations in other States. This would help in development of infrastructural facilities all over the State of Goa. This Corporation would act as a co-ordinating agency for implementing all the projects.